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Latest News

—Erica Bullock

A trend of interest: Businesses, lender confront rising rates for first time in years

Persistent inflation creates worry for business borrowers
June 16, 2022
Erica Bullock
Federal interest rates are expected to rise continually, and inflation pressure could ease slightly, resulting in more expensive loans for borrowers who have less money to spend because of the current high costs of goods and services. The Federal Open
Read More
—Nelson Worldwide LLC

$46 million West Plains Logistics complex planned

Three-building logistics complex to accommodate multiple industrial tenants
June 16, 2022
Erica Bullock
Three industrial warehouse buildings will be under construction this summer at a new development called West Plains Logistics, at 9813 W. Hallett Road, in west Spokane.
Read More

Health care employment shows signs of stabilizing

More normal turnover rates still remain years away, industry leaders say
June 16, 2022
Virginia Thomas
Employment in the health care industry is in a time of transition, industry executives say, and stability is unlikely to occur for a few years to come.
Read More
—Erica Bullock

Building blocked: Construction costs hinder financing

Lenders seek solutions as contractors scale down some projects
June 16, 2022
Erica Bullock
Some lenders here say they're working around challenges to finance commercial construction developments and keep projects moving forward despite soaring prices of construction materials and rising labor costs, which have resulted in some project
Read More

Gender diversity on INW's public company boards is sought, but elusive

Women make up 25% of board directors at half of public companies here
June 16, 2022
Erica Bullock
Five of 10 publicly traded companies in Spokane County have women directors constituting at least 25% of their boards of directors. The other five companies' boards of directors are 100% male. Depending on the company, board diversity isn't only
Read More
—Integrus Architecture

Podium sports facility to be updated for those about to rock

Changes to year-old venue designed to provide flexibility, income generating potential
June 16, 2022
Karina Elias
Less than a year after the doors opened at the Podium, the state-of-the-art athletic facility is undergoing a $3.1 million investment that will allow it to be transformed into a concert venue, says Paul Christiansen, director of sports for
Read More
—Erica Bullock

New financing secured for Marjorie Apartments

$4.8M, 25-year refi has lower interest rate
June 2, 2022
Erica Bullock
Gantry Inc. has procured $4.8 million in permanent financing on behalf of Black Enterprises LP for the Marjorie Apartments, in downtown Spokane, says Demetri Koston, principal at the Spokane office of the San Francisco-based full-service mortgage
Read More

Women are urged to take seat at table for change

Spokane area said more welcoming than others
June 2, 2022
Sarah Carlson
This female is moving toward change. Spokane has gone through a lot of change during the pandemic, and it's easy to get caught up in all the uncertainty, from inflation to global conflict and instability.
Read More

Subtle sexism may hamper employee retention

Women's job transitions jumped 54% last year
June 2, 2022
Robin Pickering
The 'Great Resignation” has created a strong job market for workers and a competitive environment in which employers must work hard to attract and retain talent. In an environment in which 'We're Still Hiring” signs and sign-on bonuses have
Read More

Businesses gain from culture that supports women

Mentorship is expected to play a growing role for future female leaders
June 2, 2022
René Johnston
Much of my career has been spent writing and speaking to the value of creating a strong, highly functioning internal culture. It should be implicit in building that strong culture that it be one that is inclusive and supportive.
Read More
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